Author: Ashley Wang

Japan’s SoftBank Group has acquired UK-based AI chipmaker Graphcore, providing the resources needed for competitive growth in the AI sector.

Indonesia is recovering from a ransomware attack initiated by Brain Cipher, impacting over 160 government agencies.

SpaceX’s Falcon 9 rocket was grounded by the FAA following a rare failure, resulting in the loss of 20 Starlink satellites.

Apple agreed to open its mobile payments system to competitors and will allow developers access to its NFC technology.

Alphabet, Google’s parent company, decides to give up its takeover of HubSpot, an online marketing software firm due to regulatory concerns.

AmorePacific, a South Korean cosmetics giant, introduced its lab equipped with AI technology, predicting an upward trend in its sales.

Regarding cloud computing licensing practices, Microsoft settled an antitrust complaint proposed by CISPE with a $21.7 million deal.

Manufacturers are approaching generative AI initiatives more cautiously than anticipated, with 58% planning to increase AI spending in 2024.

Samsung introduces new products with strengthened features and AI functions, enhancing its role in the tech industry

Hedge funds are shifting their focus on the South Korean market, viewing them as the next sound investment.

The US House committee requires to release of a transcript of a closed-door hearing, highlighting TikTok’s threats in the US.

Germany has decided to exclude Chinese firms like Huawei and ZTE from its 5G network by 2029, citing digital security concerns.